Vanguard Energy ETF (NYSEARCA:VDE) Sets New 52-Week High – Here’s What Happened

Vanguard Energy ETF (NYSEARCA:VDE) reached a new 52-week high on Wednesday . The stock traded as high as $185.38 and last traded at $184.16, with a volume of 70072 shares changing hands. The stock had previously closed at $182.24.

Vanguard Energy ETF Price Performance

The business has a 50-day moving average of $168.25 and a 200-day moving average of $164.35. The company has a market capitalization of $11.00 billion, a P/E ratio of 14.10 and a beta of 0.44.

Institutional Investors Weigh In On Vanguard Energy ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Nilsine Partners LLC boosted its holdings in shares of Vanguard Energy ETF by 1.8% in the second quarter. Nilsine Partners LLC now owns 3,184 shares of the company’s stock valued at $478,000 after purchasing an additional 57 shares during the period. NWF Advisory Services Inc. increased its stake in shares of Vanguard Energy ETF by 0.7% during the second quarter. NWF Advisory Services Inc. now owns 8,804 shares of the company’s stock valued at $1,322,000 after buying an additional 62 shares during the period. Kovack Advisors Inc. raised its holdings in shares of Vanguard Energy ETF by 2.7% in the fourth quarter. Kovack Advisors Inc. now owns 2,733 shares of the company’s stock valued at $339,000 after acquiring an additional 71 shares in the last quarter. Asset Management Group Inc. raised its holdings in shares of Vanguard Energy ETF by 0.8% in the fourth quarter. Asset Management Group Inc. now owns 9,827 shares of the company’s stock valued at $1,237,000 after acquiring an additional 75 shares in the last quarter. Finally, Investor s Fiduciary Advisor Network LLC lifted its stake in Vanguard Energy ETF by 4.8% in the second quarter. Investor s Fiduciary Advisor Network LLC now owns 1,665 shares of the company’s stock worth $250,000 after acquiring an additional 77 shares during the period.

About Vanguard Energy ETF

Vanguard Energy ETF (the Fund) is an exchange-traded share class of Vanguard Energy Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Energy Index (the Index), an index of stocks of large, medium and small United States companies in the energy sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.